In a Crisis, Markets More than Ever
Many say that markets are fine from day to day but not during exceptional events. But Lew Rockwell finds that markets love nothing more than a challenge that offers a profit opportunity.
Many say that markets are fine from day to day but not during exceptional events. But Lew Rockwell finds that markets love nothing more than a challenge that offers a profit opportunity.
Charles Tomlinson remembers when the environmental movement screamed that the world as we knew it was destined to doom because of the nasty chip mills, the clear cut destruction of the forests, and the pollution of our waters caused by tree cutting.
Is Australia a dry country? Not at all, writes Benjamin Marks. It has more rainfall than the United States!
It is unlikely, argue William Anderson and Candice Jackson, that Lay is guilty of criminal activity, especially in the sales of Enron stock.
Market prices for water? Would that mean the end of some farms in California and elsewhere in the West? Yes, says William Anderson, that is exactly what that means. The government has engaged in egregiously wasteful policies in order to politically distribute water.
Though the science in the movie is seriously flawed, writes Art Carden, some say it has the virtue of elevating the dialogue about global warming.
The bureaucrats running the Milwaukee recently dumped 4.6 billion gallons of raw sewage into Lake Michigan, writes Chris Westley.
Wilfred Beckerman is an outstanding economist of a type probably more common in Britain than America. Like Anthony de Jasay, Amartya Sen, and I.M.D. Little, Beckerman is thoroughly at home in philosophy;
To listen to mainstream economists, including Wall Street analysts, what destruction Isabel wrought is really a bonanza for the economy. Maybe, if we are really desperate to improve the local economies of our cities and towns, what all of us ought to do is bulldoze our property to the ground. Think of all the jobs that will be created when it becomes necessary to rebuild our houses, workplaces, downtowns, shopping malls and other centers of commerce from scratch.